Two-Unit Residential Income
For Sale
$599,000
13 Main Street, Plaistow, NH 03865
A two-unit building with separate full baths and kitchens, basement storage, and off-street parking on a sizable lot.
Property Size1,294 SF
Lot Size0.83 Acres
Price / SF$462.91
Days on Market139
Property Features for 13 Main Street
General Information
Standard status
Active
Size
1,294 SF
Lot size
0.83 Acres
Property subtype
Multi-Family
Zoning
C-2
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,271
Building Details
Year Built
1910
Stories
2
Tenancy
Multi
Listing Agency:
Lillian Montalto Signature Properties
Listed By:
Lillian Montalto · License #79547
(978) 475-1400
Source:
Churchillprop
Added: Jun 10
Changed: Oct 10
Last Checked: Oct 24 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lillian Montalto Signature Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit residential income property includes one one-bedroom unit and one two-bedroom unit, for a total of 1,294 square feet. Each unit has its own kitchen and full bath, supported by a full basement that can be used for storage. The property is served by oil heat and mini-split cooling, with septic sewer and well water in place.
The building sits on a 0.83-acre lot with ample off-street parking. The public remarks also note convenient proximity to shopping, dining, and major routes.
For buyers, this configuration can fit an owner-operator or investor looking for an in-place, two-tenant residential rental setup. The separate unit layouts, individual kitchens, and full baths provide straightforward day-to-day livability for residents, while the basement and off-street parking add practical utility for ongoing operations.
The building sits on a 0.83-acre lot with ample off-street parking. The public remarks also note convenient proximity to shopping, dining, and major routes.
For buyers, this configuration can fit an owner-operator or investor looking for an in-place, two-tenant residential rental setup. The separate unit layouts, individual kitchens, and full baths provide straightforward day-to-day livability for residents, while the basement and off-street parking add practical utility for ongoing operations.
Key Highlights
- 2‑unit multi‑family at 13 Main Street, Plaistow, NH, built in 1910
- 1 one‑bedroom and 1 two‑bedroom unit totaling 1,294 sq ft, each with its own full bath and kitchen
- Generates approximately $51,300 in gross annual rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,799
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,980
$436.0K
Cap Rate 7%
$311,414
$311.4K
Cap Rate 9%
$242,211
$242.2K
Market Conditions
NOI Build-Up for 1,294 SF
Gross rent
$32.6K $25.20/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$31.1K $24.07/SF
− OpEx
−$9.3K −$7.22/SF
NOI
$21.8K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,980
Cap Rate 7%
$311,414
Cap Rate 9%
$242,211
Alternative Uses
Best Use
Multifamily LT 5
$311.4K
$272.5K – $363.3K
NOI $21,799 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$280.5K
$245.5K – $327.3K
NOI $19,636 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K
NOI $30,157 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Explore this area
Business Placement
Demographics for 03865, NH
7,830
Population
3,180
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
97%
High-School Grad
10.6 sq mi
ZIP Area
739
Density / Sq Mi
$109,040
Median Household Income
$58,452
Median Earnings
$1,595
Median Rent
$382,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-unit building with separate full baths and kitchens, basement storage, and off-street parking on a sizable lot.
Where is this duplex located?
The property is located at 13 Main Street Plaistow, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2‑unit multi‑family at 13 Main Street, Plaistow, NH, built in 1910; 1 one‑bedroom and 1 two‑bedroom unit totaling 1,294 sq ft, each with its own full bath and kitchen; Generates approximately $51,300 in gross annual rental income
